The motorcycle market in Pakistan has experienced another price increase as leading brands like Honda and Suzuki adjust their prices upward. In October 2024, the widely popular Honda CD 70 model saw a price rise to approximately PKR 157,900, while the Honda CD 70 Dream model now stands around PKR 168,900. This price adjustment is part of a larger trend affecting all major brands in the country as the industry faces rising production costs and currency fluctuations.
Honda CD 70 Price in Pakistan
The Honda CD 70 is known for its simple design and impressive fuel efficiency, which averages 50 to 60 kilometers per liter, making it a go-to option for daily commuters. The 2025 model, while featuring only minor updates, includes new sticker designs and comes in classic colors like red, black, and blue. These features have solidified the CD 70’s reputation as an economical and reliable choice for everyday use.
Suzuki Bike Price Increase in October 2024
Suzuki motorcycles also experienced a price hike, with increases of at least PKR 7,000 across various models. It has justified this rise by citing increasing operational costs. Both Suzuki and Honda have stated that any new government taxes will be added to the final price for consumers, potentially impacting future costs further.
Reasons for Rising Motorcycle Prices in Pakistan
The latest price increase in Pakistan’s motorcycle market can be attribute to multiple factors:
- Inflation and Currency Devaluation: Rising inflation and the devaluation of the Pakistani Rupee have significantly affected production costs, prompting brands to raise prices.
- Supply Chain Costs: Fluctuations in international raw material prices and supply chain disruptions have put additional financial pressure on local manufacturers.
- Government Taxes: Increased government taxes and duties in recent months have added to the overall pricing structure, as manufacturers pass these expenses on to consumers.
Impact on Pakistani Consumers
With these new price adjustments, motorcycles are becoming less affordable for the average consumer in Pakistan, who depends on two-wheelers as an economical transportation solution. The increase in prices of the Honda CD 70 and Suzuki models has added to the financial strain on households that rely on these brands for their daily commute.
Outlook for Motorcycle Prices in Pakistan
The motorcycle industry’s future in Pakistan will likely depend on economic stability, currency rates, and potential tax relief measures by the government. For now, buyers may have to brace for possible future price hikes as market dynamics continue to shift.
